Scotia Lowers Kinross Gold Price Target Amid Operational Setbacks
Scotia lowered its price target for Kinross Gold to $39.00 from $41.00, citing operational setbacks at two mines.
The analyst firm also maintained its 'sector outperform' rating on the company's stock.
Around 63% of shares are owned by institutional investors.
The price target suggests a potential upside of 61.54% from Kinross Gold's previous close.